---
schema_version: "secwatch.filing_event.v1"
accession: "0000909832-23-000034"
form_type: "8-K"
ticker: "COST"
cik: "0000909832"
company_name: "COSTCO WHOLESALE CORP /NEW"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T21:01:14.108680+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Costco declares $1.02 quarterly dividend and adopts updated bylaws on shareholder nominations

## Summary
- Quarterly dividend of $1.02 per share declared on August 9, 2023, payable September 8 to holders of record August 25.
- Bylaws amended to require shareholder nominees to comply with SEC Rule 14a-19 and provide evidence at least 5 business days before meeting.
- Proxy card color other than white reserved for board; number of nominees limited to board seats available.
- Officer indemnification made mandatory to maximum extent permitted by law, matching director standard.

## SEC filing metadata
- accession: 0000909832-23-000034
- form_type: 8-K
- ticker: COST
- cik: 0000909832
- company_name: COSTCO WHOLESALE CORP /NEW
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909832/000090983223000034/0000909832-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909832/000090983223000034/cost-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000909832-23-000034
- JSON: https://secwatch.observer/filing/0000909832-23-000034.json
- Plain text: https://secwatch.observer/filing/0000909832-23-000034.txt

## Key facts
- Governance Changes
  COSTCO WHOLESALE CORP /NEW: Amended and restated Bylaws to implement requirements for shareholder nominations, require white proxy card for Board, limit number of nominees, require additional disclosures, and make officer indemnification mandatory (effective 2023-08-09).
  - Change: bylaw amendment
  - Effective: 2023-08-09
  source text: The Board of Directors of Costco Wholesale Corporation amended and restated the Company’s Bylaws, effective August 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000034/0000909832-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.